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I bought my house in 2006 at 6.75% for $163,000. Principal, interest, taxes and insurances make my payment almost $1500 monthly. Taxes are extremely high here through. I pay almost $400 in taxes alone.

Allot of it depends on what your looking for and where your buying. We got our home for 120k amd pay a 1,000$ a mth in mortgage. Our rental home we got for 69k and pay 850 a mth on mortgage.. Just depends good luck!

We will be paying 192,000 (we are building)... As of right Our mortgage will be around 1400 a month with taxes and insurance. With the VA loan, no downpayment and an interest rate of 4.25 but could change depending on the market when we do the final paperwork 45 days before we close.

There are so many variables...... I go to zillow.com to check out my local houses for sale and it will usually give you an estimate on the side for mortgage. Given your family is larger, the mortgage would be larger than for where my family would live. We just need a 2 bedroom house.

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